Thursday 27 July 2017

€1.5m for unit at heart of Dublin's prime shopping district

The property is located within a short walk of Henry Street
The property is located within a short walk of Henry Street
Ronald Quinlan

Ronald Quinlan

Agents CBRE are seeking offers over €1.5m for the ground-floor unit of No 25, Wolfe Tone Street in Dublin city centre.

Extending to 1,147 sq m (15,757 sq ft), the property offers prospective purchasers the opportunity to secure retail and office space within a short walk of Parnell Street, Henry Street and Mary Street, all three of which are acknowledged as being at the heart of Dublin city centre's retail offering.

The building occupies an excellent location, with approximately 34m of frontage on to Wolfe Tone Street.

The property is currently fully fitted out as office accommodation and consists of a flexible floor plate, large reception area with fitted roller shutters, meeting rooms, offices, kitchen, WC, showers, changing facilities, intruder alarm and CCTV. The building comes with raised access floors wired for power and data (Cat 5), suspended ceilings with Category 2 recessed lighting, air-conditioning, and has dual rear access directly on to Jervis Lane Upper. Currently vacant, the property is zoned Z5, which permits a variety of uses subject to planning permission.

There is an excellent retail offering in the area including the Ilac and Jervis shopping centres, Arnotts and Debenhams department stores, Penneys, Forever 21, Smyths Toys, Toymaster, Cineworld, McDonald's, Nando's and The Church bar. Nearby office occupiers include AXA Insurance, Workday and Version 1 Software, as well as a range of government departments. Footfall levels in the area typically surpass 550,000 a week.

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